1. The Agreement is entered into and by COMPANYNAME (herein referred to as the ‘Company’)  and ARTIST(herein referred to as the Artist) for the making and presentation of personal services relating to the creation of Commercial Sound Records.

 

2. This Agreement shall remain in effect from COMMENCEDATE to EXPIREDATE. You are expected to come to the Company’s recording studio and perform in order to record SELECTION selections or more than this number if the Company wishes.

 

3. In light of the Agreement and without further payment than as therein provided for yourself, you accept that the Company, its associates, subsidiaries and affiliates are permitted:

- The right to produce, advertise, publicise, sell, lease, license or otherwise use or dispose of in any or all fields of use, throughout the world, or to refrain therefrom, throughout the world or any part thereof, records embodying the performance to be recorder hereunder, upon such terms and conditions as the Company may consent;

- The right to use your name and photographs if considered necessary, relating to the exploitation of said records,

- All rights in and to the matrices and records, and the use and control thereof, upon which are reproduced the performances to be recorded hereunder.

 

4. The Company will make payments to you for the rights hereby granted and services to be performed hereunder by you a royalty of ROYALTY dollars for each double-faced record manufactured and sold throughout the world by the Company or its associates or its subsidiaries, on both of faces of which are embodied any of the selections recorded hereunder. In case of records produced and sold by the Company on only one face of which is embodied a selection recorded hereunder, the amount of royalty shall be one-half of the amount of provided aforementioned, excepting in cases where the recording shall be of full length on one side.

 

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